Tag: People’s Bank of China
China reaches $250bn in CBDC transactions
China has recently reached a financial milestone by surpassing $250bn (£196bn) in Central Bank Digital Currency (CBDCs) transactions.
Reuters reported that this was revealed by...
China ‘ready’ to launch state backed digital currency
The People’s Bank of China (PBOC) is set to release its own digital currency, according to the deputy director, payment and settlement division, Mu...
